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The home of intelligent horse racing discussion

carlisle

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Viewing 17 posts - 715 through 731 (of 736 total)
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  • in reply to: Bookmakers weaknesses. #79106
    Avatar photocarlisle
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    Hi Artemis

    I have just run a Raceform Query for 6/4’s that ran during 2005, with the following results.

    120wins  from   317runs    37.9%   (- 17.00)

    I know that SP’s are a good indicator.

    However, I am not talking about SP’s.

    Accurately calculating ones own prices is time consuming and difficult, but I feel it must be done.  Without them you cannot assess risk.

    I realise it’s not for everyone.

    byefornow

    (Edited by carlisle at 6:35 pm on Oct. 12, 2006)

    in reply to: Bookmakers weaknesses. #79103
    Avatar photocarlisle
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    Hi davidbrady

    I agree.

    However my idea is that I am questioning the validity in giving every runner a price.  I feel compelled to do so, just like the bookies.   (for different reasons though)

    There could be a sort of a probability tipping point.  The 5% is not able to compete with the top 3, and therefore it should be devalued.

    This idea might be rubbish or not.

    Who knows for sure?  I wish I did.

    Research anyone……

    byefrom<br>EC<br>

    (Edited by carlisle at 3:31 pm on Oct. 12, 2006)

    in reply to: Bookmakers weaknesses. #79101
    Avatar photocarlisle
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    "I confess I am EC………….!"

    <br>

    in reply to: Bookmakers weaknesses. #79100
    Avatar photocarlisle
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    Hi Artemis

    I warned you about that hole.

    Any free thinkers out there, willing to work a bit and stretch their minds.

    Imagine if the answer was less than 1%.

    byefrom<br>carlisle

    (Edited by carlisle at 2:48 pm on Oct. 12, 2006)

    in reply to: Bookmakers weaknesses. #79098
    Avatar photocarlisle
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    Hi

    the more I think about ridgid systems the more fragile they seem.

    It’s more important to concentrate on the right races.<br>Then do some analysis.

    I would like to hear from another who calculates their own prices.   (I do this in a limited way)

    Typically I might come up with the following.<br>=================================

    6/5       45%<br>3/1       25%<br>9/2       18%<br>16/1       5%<br>22/1       4%<br>50/1       2%<br>100/1     1%

    If 100 similar races were run, would the bottam 4 get any victories?  (without the aid of flying carrier bags etc)

    byefrom<br>carlisle

    <br>"you can’t beat a hobbyist,………pity"<br>

    (Edited by carlisle at 9:41 am on Dec. 25, 2006)

    in reply to: Bookmakers weaknesses. #79095
    Avatar photocarlisle
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    Hi FlatseasonLover

    thanks for your reply.

    You know when you start off with an idea and then it<br>develops and changes.  Helped by exploring things in an logical, reasoned manner.  Well I have put forward this theory about certain horses not even deserving a price.

    A Bit radical I know.

    It would be good to hear an intelligent contribution.

    byefrom<br>carlisle<br>

    in reply to: Rishi's doing the Ashes! #79498
    Avatar photocarlisle
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    Horse Racing!

    in reply to: Bookmakers weaknesses. #79091
    Avatar photocarlisle
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    Hi Artemis

    41% you want to move your feet a bit you will get pins & needles, and mind that hole.

    byefrom<br>carlisle<br>

    (Edited by carlisle at 11:43 am on Oct. 11, 2006)

    in reply to: Bookmakers weaknesses. #79086
    Avatar photocarlisle
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    Hi dave jay

    oh no I do listen and do like a good grope.

    What does EC mean.

    I try to produce my own odds, and in doing so I feel that a lot of  horses don’t desrve a price.

    Adding up all the scores and dividing the individual score by this number, must be a flawed method…..

    A 6/4 chance is not worth backing unless it seems to have a 60%+ chance of winning.  The rest of the runners have to divide up the remaining 40%. Esstential they should not be able to dent the the top rated horse.

    I am very interested in friendly discussions.

    byefrom<br>carlisle<br>

    (Edited by carlisle at 8:14 pm on Dec. 21, 2006)

    in reply to: Bookmakers weaknesses. #79084
    Avatar photocarlisle
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    Hi dave jay

    thanks for the bucket of cold water.

    However it’s only served to refresh me!

    Bookies have numerous weaknesses.

    A moving disguised target is very difficult to hit.

    byefrom<br>carlisle<br>

    (Edited by carlisle at 10:31 pm on Oct. 10, 2006)

    in reply to: Bookmakers weaknesses. #79081
    Avatar photocarlisle
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    Hi Rory

    I dislike you already.

    It’s clear to me that we have a differing understanding of the word "contenders".

    In most maiden races I would consider nearly all the runners as contenders.

    The form tends to be moderate, and any selection will be very vunerable to improvers and debutants.

    byefrom<br>carlisle

    in reply to: Bookmakers weaknesses. #79078
    Avatar photocarlisle
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    Hi Shadow Leader

    I don’t mean morning prices.

    I think that in some races there are say 2 or 3 live contenders.<br>Yet bookies can compelled to give every horse a price.

    Is there such a thing as a horse with a genuine 16/1 chance of winner?

    Only if the other horses are similarly priced.

    byefrom<br>carlisle

    <br>(Edited by carlisle at 12:52 pm on Oct. 10, 2006)<br>

    (Edited by carlisle at 12:53 pm on Oct. 10, 2006)

    in reply to: Bookmakers weaknesses. #79076
    Avatar photocarlisle
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    Hi there

    Which horse’s did they miss out last week?

    byefrom<br>carlisle

    (Edited by carlisle at 8:34 am on Oct. 10, 2006)

    in reply to: Bookmakers weaknesses. #79074
    Avatar photocarlisle
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    Hi

    Bookmakers have to price up every horse in every race.

    "Well, what’s wrong with that?"

    I wonder……..is there an edge to be exploited.

    in reply to: Bookmakers weaknesses. #79070
    Avatar photocarlisle
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    Hi Artemis

    do you know which bookmakers offer treble odds for one winner?

    byefrom<br>carlisle<br>

    in reply to: Bookmakers weaknesses. #79067
    Avatar photocarlisle
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    Hi

    I like the one about 1/5Fav 10/1 bar one e.w. bets.

    Bookies would hate these bets, and the 1/5Fav MUST be opposed any way.  It’s a no brainer!

    Even 5/1 bar one in some cases can be a bet to nothing.<br>Each ways are a good source of value bets.  However, I think punters have too many thriftless e.w’s.

    I say you must be confident it will be placed not hopeful, otherwise you will lose twice as much.

    With this confidence 5/2 horse can be backed £10 ew,<br>thus only risking £5 for a chance of £30.

    I agree that the search for value prices is another vital tactic.

    byefrom<br>carlisle

    in reply to: Professional Gambler's? #72272
    Avatar photocarlisle
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    Hi there

    Professional gamblers obviously come in numerous variations.  (born of experiences and personality)

    Yet there are underlying constants that apply.

    1. Full time commitment. (That begs the ? how many hours per week.)

    any more suggestions.

    byefrom<br>carlisle<br>

Viewing 17 posts - 715 through 731 (of 736 total)